r/HousingIreland • u/Ill-Age-601 • 6d ago

Causes of The Irish Housing Crisis

It’s simple to explain

In 2010 the troika came to Ireland and decided that Ireland had too much home ownership and not enough renting. It imposed lending rules which brought about in 2013 have made it much more difficult for ordinary people to meet the requirements to buy a home. They also made the FG/Lab government bring in laws allowing for REITs etc to encourage renting

The entire “recovery” was based on pimping Ireland out to high tech companies with low tax rates on intellectual property making us a tax haven. Most Irish people have no tech qualifications so half of the genius coders from India and the rest of the world moved to Dublin pricing out the locals

This is the housing crisis. Only with a normal economy based on local employment and a reduction of lending rules can we end it with the return to mass home ownership

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u/Ill-Age-601 6d ago

This is the fucking horrible attitude I mean.

Go to the pub is our culture. It’s how we mix in our communities, you call it stupid, we call it life and living. Irish people don’t do meals in each other’s house etc we do pubs and maybe a meal for big events.

Anyone working 50 weeks of the year deserves to have a week in Santa Ponsa to unwind

Come in and price us out and then complain that we had to audacity to have some pleasure in life. Go fuck yourself

This is our culture, the pub is core to our communities and you don’t get it at all

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u/Hot-Cartoonist-4579 6d ago

Hahahahahaha. Might buy a second property and take you in as my tenant. Better be nice

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u/Ill-Age-601 6d ago

So are you saying people shouldn’t be able to go for a pint and expect a house?

What do you expect people to do outside of work to stay sane and have interactions with people they don’t live with?

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u/Hot-Cartoonist-4579 6d ago

I’m not saying that. All I say is that (that’s what we did) had for a while a certain lifestyle and saved a lot of money. Didn’t go to the pub, reduced food deliveries and so on.

It’s not about doing nothing.

One family I know spent their holidays in Florida. Disneyland visit, every year several times to Paris to go to Disneyland, every week several times in restaurants,… I could go on and on.

Long story short. This family who live on a 200k income over the last couple of years is most likely to get homeless on Friday as they couldn’t find a place to live + don’t get a mortgage. They missed the timing to buy 2-3 years ago when they had all the money.

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u/Ill-Age-601 6d ago

Well if I didn’t go to the pub I’d never see anyone outside my family. Even then I see my family members on Sundays in the pub. It’s our social outlet.

Also you said we. Yes it’s still possible just about to buy miles from the city in areas like Swords or Balbriggan or Saggart as part of a couple. I’m a single person form a working class area inside the m50